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Reliance steel & Aluminum acquires Metals USA

March 2013 Reliance Steel & Aluminum Co., Los Angeles, bought Metals USA Holdings Corp., Fort Lauderdale, Fla., for $20.65 per share in February.

“We are very excited about Metals USA becoming an important part of the Reliance family of companies,” said David H. Hannah, chairman and CEO of Reliance, in a statement. “This is our largest acquisition to date and will add a total of 48 service centers strategically located throughout the United States to our existing operations.”

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